NSE: GAIL · 3 November 2026
- Gail (India) has risen 10.04% over 3 trading sessions; today's move is +2.68%.
- GAIL (India) Limited announced its financial results for the second quarter of financial year 2026-27, reporting a standalone revenue from operations of ₹45,924 crore and a Profit After Tax of ₹4,650 crore. The operational performance reflected robust volumes across key segments, including natural gas transmission of 130.10 MMSCMD and gas marketing volume of 97.23 MMSCMD.
- Trading volume was 1.92 times the 20-day average daily volume.
Gail (India) share price: 10.04% rise over 3 trading sessions
GAIL (India) Ltd shares moved higher in the trading session, rising 2.68% to settle at ₹181.75 compared to its previous close of ₹177.00. The stock traded within a daily range of ₹177.09 and ₹182.17.
The broader market also showed positive momentum, with the Nifty rising 1.58%. GAIL's upward move aligns with its recent positive return profile, showing a 9.70% gain over the past 5 trading days and an 8.51% increase over the last 20 trading days.
The move follows GAIL's recent financial announcements for the quarter ended September 30, 2026, where the company reported a standalone revenue from operations of ₹45,924 crore and a Profit After Tax of ₹4,650 crore for the second quarter. Additionally, the company announced an in-principle approval for the listing of shares of its wholly-owned subsidiary, GAIL Gas Limited, through an initial public offering by diluting up to 25% of its equity, alongside plans to transfer six City Gas Distribution geographical areas to the subsidiary.
1.51 crore shares traded by 3 November 2026 · 03:25 PM IST. This compares with a 20-day average daily volume of 78.82 lakh shares (1.92 times). The five-day average daily volume was 99.13 lakh shares. Separately, the NSE report for 2 November 2026 showed 49.92 lakh shares delivered, representing 37.22% of that day’s traded volume. The same report recorded 136,648 trades.
The move higher coincides with heightened investor focus on GAIL's recently reported Q2 financial performance and the board's in-principle approval to list GAIL Gas Limited. Strong trading volumes at 1.92 times the 20-day average underscore active institutional and retail participation.
Latest Company Developments
GAIL (India) Limited announced its financial results for the second quarter of financial year 2026-27, reporting a standalone revenue from operations of ₹45,924 crore and a Profit After Tax of ₹4,650 crore. The operational performance reflected robust volumes across key segments, including natural gas transmission of 130.10 MMSCMD and gas marketing volume of 97.23 MMSCMD.
Quarterly earnings figures provide critical insight into the company's core transmission and marketing margins amid ongoing operational developments.
The board of directors accorded in-principle approval for listing the shares of GAIL Gas Limited, a wholly-owned subsidiary, on Indian stock exchanges through an initial public offering by diluting up to 25% of GAIL's equity. Final approval regarding the extent of dilution and price band will be determined following recommendations from book-running lead managers.
Subsidiary monetisation through public listing unlocks value for the parent company and expands independent capital access for city gas operations.
The company approved the transfer of six City Gas Distribution geographical areas—Varanasi, Patna, Ranchi, East Singhbhum, Cuttack, and Khordha—to GAIL Gas Limited through a slump sale on a going concern basis, with an effective transfer date of January 1, 2027.
Consolidating city gas assets under the dedicated subsidiary streamlines operations ahead of the planned public offering.
a revised press release dated October 30, 2026, titled " GAIL reports Revenue from Operations of ₹45,924 crore and PAT of ₹4,650 crore for Q2 FY2026-27 .".
a revised press release dated October 30, 2026, titled " GAIL reports Revenue from Operations of ₹45,924 crore and PAT of ₹4,650 crore for Q2 FY2026-27 .".
Ownership & Transaction Activity
Mutual Fund Holdings
Mutual funds held 7.10% on 30 September 2026. This compares with 8.42% on 30 June 2026, a change of -1.32 percentage points.
The filing reported 34 MF/UTI holders.
Research & Brokerage Views
Upgraded to Buy following performance updates and sequential recovery prospects.
Maintained an Outperform rating citing robust long-term cash flow and transmission pipeline growth potential.
Maintained a Buy stance following record-high profitability metrics in earlier quarters.
Upgraded to Buy with a higher target price supported by expanding transmission volumes.
What to Watch Next
- Progress and timelines regarding the proposed GAIL Gas Limited initial public offering
- Execution of the Business Transfer Agreement transferring six CGD geographical areas effective January 1, 2027
- Quarterly trends in natural gas transmission and marketing volumes (MMSCMD)
- Capital expenditure deployment against the annual planned capex of ₹12,900 crore for FY2026-27
Other Dated Coverage
- Gail (India) Share Price Today: Why GAIL Is Rising 5.41% | 2 November 2026 — 2 November 2026
- Gail (India) Share Price Today: Why GAIL Is Rising 1.66% | 30 October 2026 — 30 October 2026
- Gail (India) Share Price Today: Why GAIL Is Falling 2.69% | 23 October 2026 — 23 October 2026
More Gail (India) news and dated analysis →
Frequently Asked Questions
What is the latest Gail (India) company news?
GAIL (India) Limited announced its financial results for the second quarter of financial year 2026-27, reporting a standalone revenue from operations of ₹45,924 crore and a Profit After Tax of ₹4,650 crore. The operational performance reflected robust volumes across key segments, including natural gas transmission of 130.10 MMSCMD and gas marketing volume of 97.23 MMSCMD.
How strong was Gail (India)’s trading volume?
1.51 crore shares traded, 1.92 times the 20-day average daily volume. The price and volume data are dated 3 November 2026 · 03:25 PM IST.
Do the mutual-fund figures show buying today?
They show holdings on 30 September 2026. Quarterly holdings do not identify purchases made on the article date.
Research & analysis: WittyTrades Research Desk
Reviewed by: Mohanish Sanghavi — SEBI Registered Research Analyst
Disclaimer: Investments in securities markets are subject to market risks. Registration with SEBI and NISM certification do not guarantee performance or returns. This article is for information and education, not personalised investment advice or a recommendation to buy, sell or hold.